Evening star. [volume] (Washington, D.C.) 1854-1972, 1887-05-18
I'd EDITION.
--latest qGleglanS to The Star.
JAY GOULD RESUMES HIS STORY.
Missouri Pacific's Wonderful Crown
Under His Hanils-He Offered to Pay
the GOvermmens,s l.. 900, 900 Claim.

M1ssOuf1 f0c1t1c's Wonderful CROWN
Under His Hands-He Offered to Pay
the Governments IL, 200, 600 Claim.
NEW YORK, May 1S.-The Pacific Railway Com
mission continued its investigation to-day. Jay
Gould resumed the witness stand. He presented a
statement OF the dealings in the securities OF the
Gnlon racine and Kansas Pacific railroads from rom
statement showing the saving In principal and in
terest by the consolidated mortgage arrangement,
as Wen as schedule OF his dealings In Kansas
bought it. connected Sc. Louis and Kansas City;
with 1t acquired two little lines which gave me
connection with AtchisOn."
HOW THE MISSOURI PACIFIC GREW.
,,t MI: Goalu eSnlolted two maps showing Tue
missouri Pacific as he purchased 1t, little more
m a IN Of the S's as IL
said witness, was the result Of the 'turning over
my land after the
on the Union Pac1fic became alarmed
within month after my Missouri Pacific purchase,
s aad came on to bind me to the consolidation !
signed the paper agreeing to 1t between the Time
OF my resignation as director OF the Union Pa
cific, January, 1880, and the instruction to the
ton. Ipresume this paper Is on file in the Boston
Office, though 1t was not an official act OF the COM
pany put simply preliminary step to a great
Mr.. Gould did not remember the date Of the
paper put Judge Dillon stated it is In existence
ton. II Is dated January IA, 1880.
Mr. Gould continued: 81 had been committed to
consolidation before this interview with the
Missouri Pacific felt as though it Would be great
detrlment to my interests. An extension OF the
Missouri Pacific to Denver and San Francisco as
been the proper thing for the 0' director
of aoo1er ne which to v deSn ruin
one OF which he was director. purchased the
Missouri Pacific from Commodore Garrison on his
ohef 10 sell. mad stormy interview With him.
III which l told him / would extend the Kansas
Paclfc as far east as he did the Missouri Pacific
west. lie sold at $3.50 per share. have
THOUGHT OF THE RIGHTS OF THE GOVERNMENT
Often but after the passage OF the Thurman bill
and It's sustaining by the Supreme Court, thought
the Government was trying to squeeze more out Of
the turnip than there was in 1t, and my plan then
was TO build road from Omaha to Ogden, just
outside the right OF way for s15.OOOOOO. With re-
ference to the Governments claim made an offer
before the Judiciary committee OF the senate to
pay the entire claim in cash at its present worth
where from SO, 900 900 to 81, 600 600 Mr. Sidney
Dillon was with me when the offer was made"
MR.. GOULD GROWS EMPHATIC.
Mr.. Anderson questioned that such an Of{er was
made, as the Commission had been unable to find
any record of 1t.
"But it was made, and made It," replied
proposition. The committee claimed that our
computation was incorrect, that the inter-
e5 DID Sec e5 mature with h the ,o"@ # THIS
maturity at an earlier date. At the time
OF the consolidation meeting was at my Office in
the same building on the same floor. There were
connecting doors between my Office and the OFFICES
OF the company. have no specific recollection OF
seeing the articles OF consolidation that day, or
the gentlemen present at the meetings. 1t would
have been natural for Judge Dillon TO call On me
that day, but don't know whether he did or not.
signed my resignation as director In my Office.
think wrote 1t; the paper will show for ITSELF"
Continuing, Mr.. Gould said: 81 presume con-
suited With Sidney Dillon and Judge Dillon with
reference to it. / knew it was not proper for Inc
to reinain director while was dealing with the
company.
81 presume handed it into the Office OF the
company, possibly to President Sidney Dillon. He
expressed no SURPRISE for he knew that II the con-
soldation was effected it would necessarily in
volye large transactions with me as an individ-
ualr
'BefOre my resignation no bargain was made
with me regarding st. Joseph and Western or the
o her branch roads. The basis Of the consolida-
ton had been discussed several times before and 1t
was known that must resign.
CIRCULAR FROM THE COMMISSION.
NEW YORK, May 1S.-The commission engaged
in investigating the books, accounts, and methods
OF the railroads which have received aid from the
United States has sent out circular containing
nfty-eight questions. These questions cover all
those matters into which Congress directed In
qUiry. The circulars have been sent to the lead
ing business men along the lines OF the land
grant railroads, and the leading shippers OF the
country 1t requests that all person in possession
OF 1nfGrR3tnn which might aid the commission
in Its work will communicate with it.